Building Details

Building Size 18,699 SF

Year Built 1915

Tenancy Single

Spaces For Lease

at 130 E 9 Mile Rd Contact us

Available Space-1

Size

12,466 SF

Type

Office

Lease Type

Modified Gross

Availability

Active

Contact us

Listing Agency: Colliers - Royal Oak/Detroit, Michigan Show Phone

Listed By: Michael Bennett · License #MI 6502138267

Source: Crexi

Added: Sep 9, 2022 Changed: Aug 13 Last Checked: Aug 22 at 7:02AM

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Investment Insights

Based on property information with market context.

This commercial real estate offers office space suitable for a single tenant. The property provides a total area of 12,466 square feet.

Key Highlights

• Single tenant office building
• Boasting 12,466 SqFt of office space
• Office property built in 1915

Property Analytics

Property Profile

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Daycare Center Food Market (Bike/Boat/Book/etc) Store Computer & Electronic Repair Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$2.78 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,475

Businesses Nearby

Explore this area Business Placement

Demographics for 48220, MI

21,564

Population

12,003

Households

1.8

Avg Household Size

37

Median Age

53%

College-Educated

96%

High-School Grad

4.4 sq mi

ZIP Area

4,901

Density / Sq Mi

$86,095

Median Household Income

$54,557

Median Earnings

$1,191

Median Rent

$229,700

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office building - Office space available for single tenant occupancy.

Where is this office building located?

The property is located at 130 E 9 Mile Rd Ferndale, MI.

What is the lease rate?

The lease rate is $18.50 SF/Yr.

What are key features of this property?

This property features: Single tenant office building; Boasting 12,466 SqFt of office space; Office property built in 1915